Friday, 13 July 2018

Good Morning!

Wallstreet ended positive as top technology stocks hit record highs and industrials rebounded from losses driven by trade worries the day before, while Asian Market are trading in the green taking cues from American markets.
Dollar held steady against majors while USDJPY hitting new six months high on Friday as greenback was supported in part by a report of U.S. consumer prices on Thursday which showed a steady build-up of inflation pressure
Dollar-rupee is expected to open negative near 68.35 levels and expected to trade in a range of 68.60 on the higher side and 68.20 on the lower side.

Karvy Forex

No comments:

Post a Comment

Volume and Open Interest suggesting an accumulation in USDINR

USDINR futures prices were seen consolidating while  volumes  and OI were seen increasing suggesting accumulation.